Black technology: a super empire spanning two worlds

Chapter 120 [Rare and extremely intense game]

The short sellers only started to act at this time, but it was too late, as there was less than an hour and a half left before the opening time.

And the most fatal thing is that although they already felt that something was not right and had become alert, their arrogance and overconfidence caused them to seriously underestimate the severity of the problem they were facing this time.

They thought that the so-called major technological breakthrough of AVIC Linfei was related to electric aircraft, and believed that even if it was a technological breakthrough, the positive impact on Lingjing Technology's stock price would be limited, after all, the market was worth trillions of dollars.

In fact, their estimates were not entirely wrong.

The advent of room-temperature superconducting materials can indeed accelerate the advent of electric aircraft, but they did not expect that the breakthrough technological achievement that AVIC Linfei is going to announce is room-temperature superconducting materials.

It was nine o'clock in the morning, with 15 minutes left before the call auction. Xiao Yu had already left Lingjing Technology and went to AVIC Linfei Company.

At nine o'clock, Lingjing Technology issued another announcement.

The company held a board meeting and passed a dividend plan resolution. Starting next year, Lingjing Technology will distribute one-third of the previous year's net profit in cash dividends each year.

All major market software also pushed this news a few minutes later. In fact, several news flashes related to Lingjing Technology have been pushed out in succession since this morning. Basically, the entire market knows about it and is paying attention to it.

As long as investors are watching the market, they will pay attention to the news of Lingjing Technology. Those who do not watch the market also mean that these people will not make any operations today. No operation means no selling pressure, so it is not a bad thing for those who hold chips not to see the news.

As soon as this announcement was released, investors from all walks of life in the market were shocked.

"Wow? One third of the profits are distributed as cash dividends every year? The key is that it's like this every year, so straightforward?" A retail investor of Lingjing Technology was shocked when he saw the news, and then felt excited.

"Not counting the fourth quarter, even if we calculate based on the net profit of the first three quarters, the dividend for next year will lock in 172 billion yuan in advance. Conservatively estimated, there will be no problem in distributing 200 billion yuan in dividends next year." The retail investor said happily: "Then why should I sell my 3 shares? I will definitely hold them for the long term."

The retail investor did a rough calculation and said to himself, "Assuming that the company's graphene material production capacity will more than double next year, the expected dividend will be 400 billion. If it doubles again in the third year, it will be 800 billion. According to the current market demand, Lingjing Technology's graphene material business alone can ensure high growth for ten consecutive years, and the AI business has not yet officially started..."

He immediately opened the calculator on his computer and made a rough calculation according to his own expectations. He felt that the cumulative dividends of 2025 billion yuan in three years by 1500 was relatively conservative.

Based on the calculation of 1500 billion, the dividend per share in three years can be 1.7281 yuan. If you hold 3 shares of Lingjing Technology, you can get a dividend of 5.18 yuan, which is higher than the return on the bank's three-year fixed deposit rate.

The key is that bank deposit interest rates are getting lower and lower, and there is no problem with Lingjing Technology's dividend expectations getting higher and higher in at least the next ten years.

According to this growth curve, the dividend income in the fourth year will far exceed the income from bank fixed deposits. In the fifth year, he calculated that the cumulative dividend expectations for the 3 shares in his hands over five years can reach an astonishing 21.77 yuan.

Just calculating the investment return rate of cash dividends over five years reached 47.88%, with an average annual return rate of +9.57%, which directly crushed the bank deposit yield into pieces.

The key point is that the company's dividends have been growing significantly year after year, which means that the company's stock price will only rise more sharply. It is impossible for the company's stock price to fall. Even if it does not rise, as the revenue and profits continue to rise, the company's net assets will soar, and the stock price will fall below 1 times the price-to-book ratio even if it does not rise.

For a high-tech company like this to fall below its price-to-book ratio, it must be a scam company that has inflated its performance.

Otherwise, it is impossible for the net value to fall below zero, and the stock price will definitely rise.

Less than ten minutes after the dividend resolution announcement was released, that is, at around 9:10, with 5 minutes left before the call auction, Xiao Yu, who was already at AVIC Linfei, posted another Weibo.

In some time, AVIC Linfei Company will also hold a press conference.

Xiao Yu posted a piece of news related to Lingjing Technology on Weibo, giving the market another strong positive expectation. He said that when the company has sufficient cash reserves in the future, it will formulate a corresponding stock repurchase plan, and the repurchased stocks will be directly cancelled.

Xiao Yu also cited Tencent as an example in this Weibo post, saying that Tencent continues to repurchase its own company's stocks, with an average repurchase of 1 million per day. Lingjing Technology will also strive to repurchase its own stocks every day like Tencent in the future, with a repurchase of 1 million per day, or even more than Tencent's repurchase strength.

"Wow! Stop sending, stop sending! I haven't gotten on board yet, Brother Xiao! So many favorable tonics are being sent out at such a rapid pace..." A retail investor saw that the market software had pushed the latest Weibo message from Xiao Yu, and he slapped his thigh in anxiety, because he did not have any chips of Lingjing Technology.

Not to mention the high dividends, there is also the expectation of stock buybacks, and the entire market is in an uproar.

At this moment, the popularity index of Lingjing Technology's stock has exploded, becoming the absolute focus of the entire market today.

The good news came one after another, and each one was a major positive news. The flash news pushed by major market recommendations in the morning were almost flooded on Lingjing Technology's screen, making investors dizzy.

Those who have chips in their hands are so happy that their mouths are crooked with smiles when they see so many good news, while those who missed out on the opportunity are already slapping their thighs in pain.

As for some funds holding short orders, they were all trembling at this moment. Some people who had just entered the market not long ago felt that they needed a quick-acting heart-saving pill, as if they had seen the scene of a liquidation, because there was no limit on the rise and fall of Lingjing Technology's first day of resumption of trading. At this moment, even the slowest short sellers gradually came to their senses. Xiao Yu was targeting their short orders.

All the short sellers shuddered all over, their surprise turned into shock, and they hurriedly sought remedial measures and quickly mobilized funds. The phones of all the short sellers who had connections were flooded with calls.

Reach a consensus quickly and hold it down during the bidding phase!

However, it requires money and chips.

To put it more bluntly, what the short-sellers need most now is time, but they don't have enough time.

At the same time, Xiang Chongguang personally went to a trading room within the company to take charge. He would not trade directly, and the specific operations would be left to the traders to carry out. He had already arranged the requirements.

At this moment, countless people in the market were focusing on the intraday quotation of Lingjing Positive stock and watching the time pointer.

Finally, the time hands jumped to 9:15 in the morning.

The call auction officially begins.

The trading team of Ruilian Group directly put out an order of 12 billion and bid. The share price of Lingjing Technology just entered the first five minutes of bidding, with a price of 85 yuan per share, an increase of +465.91%, corresponding to a market value of 73780 billion. Excluding exchange rate changes, the converted price directly exceeded 1 trillion US dollars.

"What? What? What is this? Am I seeing this correctly?" A retail investor who was watching the market was stunned when he saw the number. Everyone in the market was stunned when they saw the number and they simply couldn't believe it.

If the market opened at this figure today, Lingjing Technology's market value would have reached 1 trillion US dollars in one breath, exceeding 7 trillion RMB.

Those who were left almost fainted and their hearts and lungs almost stopped when they saw this number.

If the market opens like this, all the short sellers will be liquidated, and not only will their positions be liquidated, but they will also owe a huge debt.

"Quick, smash the market, smash it hard, smash it down!" In the trading room of a certain army of short sellers, the trader broke out in a cold sweat when he saw this scene. At the same time, almost all the short sellers were desperately smashing the market to lower the price at this time.

As a result, the bidding price of Lingjing Technology quickly dropped to 20 yuan, an increase of +33.15%. Many retail investors who held the shares were very excited just now, but now they felt that their excitement was in vain.

"Sure enough, the first five minutes of bidding don't have much reference value. After all, you can cancel your orders." said a retail investor who was watching the market.

The last five minutes of bidding are the key, because once you submit an order, you cannot withdraw it. All transactions will be matched at 9:25 and the opening price of the day will be determined.

But not long after the bid was pushed down to 20 yuan, it was quickly raised to 55 yuan, an increase of 266.17%, and then further raised to 70 yuan, an increase of 366.04%, and then it was reduced to 30 yuan, an increase of 99.33%.

Investors from all walks of life were stunned, because the intensity of the bidding between the bulls and bears in the next few minutes far exceeded the expectations of the entire market. The price range fluctuated violently up and down, and the chips on both sides.

It was not until 9:20 that the spectators were shocked to find that neither the long nor the short sides had withdrawn their orders. At that time, the funds invested by both parties in the bidding had reached more than 30 billion yuan, which was real money.

Thousands of investors exclaimed that they had witnessed history. Super large-cap stocks with good liquidity were only worth a few hundred million during the bidding stage. This was the first stock in the history of A-shares that was sold for more than 35 billion during the bidding stage.

The point is, 35 billion has not yet reached the ceiling. Now we have entered the final 5 minutes of bidding. During this period, every penny invested is irrevocable.

At this moment, the bulls and bears are still frantically fighting for the opening price. The price is jumping up and down, and the funds invested by both sides are like happy beans.

"My eyes are opened, my eyes are opened, this bidding is amazing, I have never seen it before, both the bulls and the bears are going crazy!" A retail investor was shocked. At this moment, all major stock exchange groups were discussing that before the market opened, Lingjing Technology had already become the focus of the entire market, without a doubt.

Time passed by minute by minute, and when the clock stopped at 9:25, the result of the call auction came out.

Lingjing Technology's call auction blasted out 76 billion yuan, and the price of 45.00 yuan per share opened sharply higher by +199.00%. The call auction price doubled, directly surpassing the historical high of 39.37 yuan to set a new historical high. The company's market value jumped directly from the spot to 39060 trillion yuan.

This bidding result caused the entire market to explode!

……

(End of this chapter)